EHDT - Millions of shares were sold into the market last week. There is a strong reason to believe that this has been naked short selling. The company has made efforts to correct the problem. 31 million shares are in the float, but only 1 million are actually in the market.
"We believe it is because one of our financial advisors put a certificate for 3 million shares into his account. The market maker involved with this account, seeing the availability of those shares, commenced a naked shorting frenzy." - Tom Gavin, Director